Maverix Metals Inc to Post Q2 2019 Earnings of $0.02 Per Share, National Bank Financial Forecasts (MMX)

Maverix Metals Inc (CVE:MMX) – Analysts at National Bank Financial raised their Q2 2019 EPS estimates for Maverix Metals in a note issued to investors on Wednesday, May 15th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.02 per share for the quarter, up from their previous estimate of ($0.02). National Bank Financial also issued estimates for Maverix Metals’ Q3 2019 earnings at $0.02 EPS, Q4 2019 earnings at $0.02 EPS, FY2019 earnings at $0.06 EPS and FY2020 earnings at $0.09 EPS.

Separately, Raymond James lifted their price objective on shares of Maverix Metals from C$2.70 to C$2.75 and gave the company an “outperform” rating in a report on Thursday, May 16th.

MMX opened at C$2.74 on Monday. Maverix Metals has a fifty-two week low of C$1.41 and a fifty-two week high of C$2.86. The company has a debt-to-equity ratio of 6.14, a current ratio of 4.06 and a quick ratio of 3.96. The firm has a market capitalization of $576.45 million and a price-to-earnings ratio of 274.00.

Maverix Metals (CVE:MMX) last issued its earnings results on Wednesday, May 15th. The company reported C$0.01 earnings per share (EPS) for the quarter. The business had revenue of C$7.54 million for the quarter, compared to analysts’ expectations of C$10.50 million.

Maverix Metals Company Profile

Maverix Metals Inc, a precious metals royalty and streaming company, engages in the exploration and development of mineral properties. The company explores for gold, silver, and other precious metals. It holds a portfolio of 46 development and exploration stage royalties in the United States, Canada, Australia, and internationally.

Recommended Story: What is net income?

Earnings History and Estimates for Maverix Metals (CVE:MMX)

Receive News & Ratings for Maverix Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maverix Metals and related companies with MarketBeat.com's FREE daily email newsletter.